Testing the Translog and Almost Ideal Specifications in Demand Systems
Julian Alston,
James A. Chalfant and
Ahmand Rhamezani
No 271253, 1991 Annual Meeting, August 4-7, Manhattan, Kansas from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
Using Lewbel' s framework, a demand system that nests both the almost ideal demand system and the translog demand system is estimated for United States meat consumption. Each special case is rejected. The implications of alternative specifications are then explored.
Keywords: Demand and Price Analysis; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 15
Date: 1991-08-04
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea91:271253
DOI: 10.22004/ag.econ.271253
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